Tele2 Latvia to provide LTE-A nationally by end-2016Latvia's telecom market has been shaped by the European Union, with the EU's 2002 regulatory policies and the revised 2009 New Regulatory Framework being adopted as core components of the sector's regulatory measures. The country is as also a member of the Economic and Monetary Union of the EU. At the beginning of 2014 Latvia became the 18th country to adopt the euro as its national currency, and by the end of the year the incumbent telco, Lattelecom, transitioned to the euro for all of its businesses in both Latvia and Lithuania. The former currency, the Lat, had joined the Exchange Rate Mechanism (ERM II) in May 2005. Latvia became a member of the Organization for Economic Cooperation and Development (OECD in June 2016.

Latvia's broadband market continues to suffer from inadequate progress on local loop unbundling, though the government has stepped up its efforts to build a national fibre broadband network, part-funded by the European Commission (EC).

Four mobile network operators compete in the market. LTE services have been launched commercially, while operators including Tele2 have expanded their LTE-A services into 2016. The recent auction of 2.6GHz spectrum has enabled operators to improve the capabilities of their LTE services. A significant auction of digital dividend spectrum held at the end of 2013 saw three operators secure licenses to 2030.

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